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October 13, 2008 11:47:52 AM CDT


Stories related to: Gregory Reyes

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2 Stories

  • January 2008
    • Ex-Brocade CEO Gets 21 Months for Backdating

      Ex-Brocade CEO Gets 21 Months for Backdating

      (Newser) - The first executive ever convicted of backdating stock options was sentenced today to 21 month in prison and ordered to pay a $15 million fine, the Wall Street Journal reports. Former Brocade CEO Gregory Reyes was found guilty in August of 10 fraud and conspiracy charges. He said today he was “humbled” by the case. More »

      Tags

      fraud   sentencing   stock option backdating   Brocade   Gregory Reyes

  • August 2007
    • Brocade CEO Guilty of Fraud in Backdated Options

      Brocade CEO Guilty of Fraud in Backdated Options

      (Newser) - The former head of a data-storage company today became the first chief executive convicted in the crackdown on backdated executive stock options. Gregory Reyes, CEO of Brocade communications, was found guilty in federal court in San Francisco of 10 counts of conspiracy and fraud. More »

      Tags

      fraud   court   conspiracy   Brocade   Gregory Reyes

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